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Is it time to worry about a liquidity crisis?

Large-scale asset purchases by major central banks has added to the abundance of liquidity in markets, however the tide is now turning in the opposite direction. As balance sheet normalization accelerates, it seems likely that liquidity issues could accelerate too.

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Protectionism rears its ugly head again

With the US applying aluminum and steel tariffs to Canada, Mexico and the European Union, and exploring tariffs of up to 25% on imported cars, free trade is being threatened.

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